AmTrust Financial Services, Inc.→
Actuarial Analyst, Worker's Compensation Pricing
Entry LevelOn-site
Location
US-NY-New York
Salary
$60k–$80k/yr
Experience
Not specified
Posted
1 month ago
Skills
actuarial experiencepricing experiencesqlsasrmicrosoft excelcommunication skillsdiversity awarenessproblem solvingteam collaboration
Job Description
Summary: AmTrust Financial is seeking an aspiring actuarial student, preferably with pricing experience. This individual will collaborate closely within their team and across departments to develop rate indications and conduct profitability analyses for our retail workers’ compensation portfolio, supporting improved profitability and strategic growth.
Responsibilities:
- Refresh existing analyses or perform new analyses and collaborate on process improvements with increasing independence
- Partner with team members to develop new templates that enhance pricing and planning inputs
- Actively participate in discussions presenting recommendations to business partners
- Prepare state filing materials and address regulatory objections
- Collaborate with teammates to develop compelling presentations for underwriting and management audiences. Produce clear written communication and documentation
- Serve as a subject matter expert on pricing and rate development
- Support the fitting, testing, and implementation of predictive models
- Maintain and update SQL and SAS code used to extract data for various analyses
Required Qualifications:
- Bachelor's degree in mathematics, actuarial science, or financial related field preferred
- 1-2 years of actuarial experience
- Actively pursuing exams, with goal of becoming FCAS
- Understanding of insurance, underwriting, pricing, reinsurance, and financials
- Ability to critically problem solve and use business knowledge in developing solutions
- Excellent written and verbal communication skills
- Adept with programming languages / software such as R, SQL, Python, SAS and/or other statistical programming languages
- Advanced knowledge of Microsoft Excel
- Ability to work with people from diverse backgrounds and with diverse skillsets
Preferred Qualifications:
- Pricing experience
- Working experience with R and SQL
Required Skills: Actuarial experience, Pricing experience, SQL, SAS
Important Skills: R, Microsoft Excel, Communication skills
Nice-to-Have Skills: Diversity awareness, Problem solving, Team collaboration
Benefits: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off
Benefits
Medical & Dental Plans
Life Insurance, including eligible spouses & children
Health Care Flexible Spending
Dependent Care
401k Savings Plans
Paid Time Off